UK Bank Rate, real rate, pay growth and unemployment

UK Bank Rate, real rate, pay growth and unemployment: 6 lines from the UK — Inflation Watch snapshot, Jan 1997 – Oct 2026. Latest Bank Rate: 3.75% in Oct 2026 (verified), from Bank of England.

3 charts · 6 lines · Monthly · Jan 1997 – Oct 2026 · snapshot uk-cpi-12358e7def5580c0 · published 2 Nov 2026

The Bank of England's Bank Rate at month end, the real Bank Rate (Bank Rate minus CPI inflation, in points), regular and total pay growth (three months on a year earlier) and the unemployment rate (three months), beside CPI inflation.

Bank Rate, the real rate and CPI inflation

Lines

per cent

January 1997 Bank Rate: 5.94% CPI inflation: 2.10%February 1997 Bank Rate: 5.94% CPI inflation: 1.90%March 1997 Bank Rate: 5.94% CPI inflation: 1.70%April 1997 Bank Rate: 5.94% CPI inflation: 1.60%May 1997 Bank Rate: 6.25% CPI inflation: 1.60%June 1997 Bank Rate: 6.50% CPI inflation: 1.70%July 1997 Bank Rate: 6.75% CPI inflation: 2.00%August 1997 Bank Rate: 7.00% CPI inflation: 2.00%September 1997 Bank Rate: 7.00% CPI inflation: 1.80%October 1997 Bank Rate: 7.00% CPI inflation: 1.90%November 1997 Bank Rate: 7.25% CPI inflation: 1.90%December 1997 Bank Rate: 7.25% CPI inflation: 1.70%January 1998 Bank Rate: 7.25% CPI inflation: 1.50%February 1998 Bank Rate: 7.25% CPI inflation: 1.60%March 1998 Bank Rate: 7.25% CPI inflation: 1.70%April 1998 Bank Rate: 7.25% CPI inflation: 1.80%May 1998 Bank Rate: 7.25% CPI inflation: 2.00%June 1998 Bank Rate: 7.50% CPI inflation: 1.70%July 1998 Bank Rate: 7.50% CPI inflation: 1.40%August 1998 Bank Rate: 7.50% CPI inflation: 1.30%September 1998 Bank Rate: 7.50% CPI inflation: 1.40%October 1998 Bank Rate: 7.25% CPI inflation: 1.40%November 1998 Bank Rate: 6.75% CPI inflation: 1.40%December 1998 Bank Rate: 6.25% CPI inflation: 1.60%January 1999 Bank Rate: 6.00% CPI inflation: 1.60%February 1999 Bank Rate: 5.50% CPI inflation: 1.40%March 1999 Bank Rate: 5.50% CPI inflation: 1.70%April 1999 Bank Rate: 5.25% CPI inflation: 1.50%May 1999 Bank Rate: 5.25% CPI inflation: 1.30%June 1999 Bank Rate: 5.00% CPI inflation: 1.30%July 1999 Bank Rate: 5.00% CPI inflation: 1.30%August 1999 Bank Rate: 5.00% CPI inflation: 1.20%September 1999 Bank Rate: 5.25% CPI inflation: 1.20%October 1999 Bank Rate: 5.25% CPI inflation: 1.10%November 1999 Bank Rate: 5.50% CPI inflation: 1.20%December 1999 Bank Rate: 5.50% CPI inflation: 1.10%January 2000 Bank Rate: 5.75% CPI inflation: 0.80%February 2000 Bank Rate: 6.00% CPI inflation: 0.90%March 2000 Bank Rate: 6.00% CPI inflation: 0.60%April 2000 Bank Rate: 6.00% CPI inflation: 0.60%May 2000 Bank Rate: 6.00% CPI inflation: 0.50%June 2000 Bank Rate: 6.00% CPI inflation: 0.80%July 2000 Bank Rate: 6.00% CPI inflation: 0.90%August 2000 Bank Rate: 6.00% CPI inflation: 0.60%September 2000 Bank Rate: 6.00% CPI inflation: 1.00%October 2000 Bank Rate: 6.00% CPI inflation: 1.00%November 2000 Bank Rate: 6.00% CPI inflation: 1.10%December 2000 Bank Rate: 6.00% CPI inflation: 0.80%January 2001 Bank Rate: 6.00% CPI inflation: 0.90%February 2001 Bank Rate: 5.75% CPI inflation: 0.80%March 2001 Bank Rate: 5.75% CPI inflation: 0.90%April 2001 Bank Rate: 5.50% CPI inflation: 1.20%May 2001 Bank Rate: 5.25% CPI inflation: 1.70%June 2001 Bank Rate: 5.25% CPI inflation: 1.70%July 2001 Bank Rate: 5.25% CPI inflation: 1.40%August 2001 Bank Rate: 5.00% CPI inflation: 1.80%September 2001 Bank Rate: 4.75% CPI inflation: 1.30%October 2001 Bank Rate: 4.50% CPI inflation: 1.20%November 2001 Bank Rate: 4.00% CPI inflation: 0.80%December 2001 Bank Rate: 4.00% CPI inflation: 1.10%January 2002 Bank Rate: 4.00% CPI inflation: 1.60%February 2002 Bank Rate: 4.00% CPI inflation: 1.50%March 2002 Bank Rate: 4.00% CPI inflation: 1.50%April 2002 Bank Rate: 4.00% CPI inflation: 1.40%May 2002 Bank Rate: 4.00% CPI inflation: 0.80%June 2002 Bank Rate: 4.00% CPI inflation: 0.60%July 2002 Bank Rate: 4.00% CPI inflation: 1.10%August 2002 Bank Rate: 4.00% CPI inflation: 1.00%September 2002 Bank Rate: 4.00% CPI inflation: 1.00%October 2002 Bank Rate: 4.00% CPI inflation: 1.40%November 2002 Bank Rate: 4.00% CPI inflation: 1.50%December 2002 Bank Rate: 4.00% CPI inflation: 1.70%January 2003 Bank Rate: 4.00% CPI inflation: 1.30%February 2003 Bank Rate: 3.75% CPI inflation: 1.60%March 2003 Bank Rate: 3.75% CPI inflation: 1.50%April 2003 Bank Rate: 3.75% CPI inflation: 1.40%May 2003 Bank Rate: 3.75% CPI inflation: 1.30%June 2003 Bank Rate: 3.75% CPI inflation: 1.10%July 2003 Bank Rate: 3.50% CPI inflation: 1.30%August 2003 Bank Rate: 3.50% CPI inflation: 1.40%September 2003 Bank Rate: 3.50% CPI inflation: 1.40%October 2003 Bank Rate: 3.50% CPI inflation: 1.40%November 2003 Bank Rate: 3.75% CPI inflation: 1.30%December 2003 Bank Rate: 3.75% CPI inflation: 1.30%January 2004 Bank Rate: 3.75% CPI inflation: 1.40%February 2004 Bank Rate: 4.00% CPI inflation: 1.30%March 2004 Bank Rate: 4.00% CPI inflation: 1.10%April 2004 Bank Rate: 4.00% CPI inflation: 1.10%May 2004 Bank Rate: 4.25% CPI inflation: 1.50%June 2004 Bank Rate: 4.50% CPI inflation: 1.60%July 2004 Bank Rate: 4.50% CPI inflation: 1.40%August 2004 Bank Rate: 4.75% CPI inflation: 1.30%September 2004 Bank Rate: 4.75% CPI inflation: 1.10%October 2004 Bank Rate: 4.75% CPI inflation: 1.20%November 2004 Bank Rate: 4.75% CPI inflation: 1.50%December 2004 Bank Rate: 4.75% CPI inflation: 1.70%January 2005 Bank Rate: 4.75% CPI inflation: 1.60%February 2005 Bank Rate: 4.75% CPI inflation: 1.70%March 2005 Bank Rate: 4.75% CPI inflation: 1.90%April 2005 Bank Rate: 4.75% CPI inflation: 1.90%May 2005 Bank Rate: 4.75% CPI inflation: 1.90%June 2005 Bank Rate: 4.75% CPI inflation: 2.00%July 2005 Bank Rate: 4.75% CPI inflation: 2.30%August 2005 Bank Rate: 4.50% CPI inflation: 2.40%September 2005 Bank Rate: 4.50% CPI inflation: 2.50%October 2005 Bank Rate: 4.50% CPI inflation: 2.30%November 2005 Bank Rate: 4.50% CPI inflation: 2.10%December 2005 Bank Rate: 4.50% CPI inflation: 1.90%January 2006 Bank Rate: 4.50% CPI inflation: 1.90%February 2006 Bank Rate: 4.50% CPI inflation: 2.00%March 2006 Bank Rate: 4.50% CPI inflation: 1.80%April 2006 Bank Rate: 4.50% CPI inflation: 2.00%May 2006 Bank Rate: 4.50% CPI inflation: 2.20%June 2006 Bank Rate: 4.50% CPI inflation: 2.50%July 2006 Bank Rate: 4.50% CPI inflation: 2.40%August 2006 Bank Rate: 4.75% CPI inflation: 2.50%September 2006 Bank Rate: 4.75% CPI inflation: 2.40%October 2006 Bank Rate: 4.75% CPI inflation: 2.40%November 2006 Bank Rate: 5.00% CPI inflation: 2.70%December 2006 Bank Rate: 5.00% CPI inflation: 3.00%January 2007 Bank Rate: 5.25% CPI inflation: 2.70%February 2007 Bank Rate: 5.25% CPI inflation: 2.80%March 2007 Bank Rate: 5.25% CPI inflation: 3.10%April 2007 Bank Rate: 5.25% CPI inflation: 2.80%May 2007 Bank Rate: 5.50% CPI inflation: 2.50%June 2007 Bank Rate: 5.50% CPI inflation: 2.40%July 2007 Bank Rate: 5.75% CPI inflation: 1.90%August 2007 Bank Rate: 5.75% CPI inflation: 1.80%September 2007 Bank Rate: 5.75% CPI inflation: 1.80%October 2007 Bank Rate: 5.75% CPI inflation: 2.10%November 2007 Bank Rate: 5.75% CPI inflation: 2.10%December 2007 Bank Rate: 5.50% CPI inflation: 2.10%January 2008 Bank Rate: 5.50% CPI inflation: 2.20%February 2008 Bank Rate: 5.25% CPI inflation: 2.50%March 2008 Bank Rate: 5.25% CPI inflation: 2.50%April 2008 Bank Rate: 5.00% CPI inflation: 3.00%May 2008 Bank Rate: 5.00% CPI inflation: 3.30%June 2008 Bank Rate: 5.00% CPI inflation: 3.80%July 2008 Bank Rate: 5.00% CPI inflation: 4.40%August 2008 Bank Rate: 5.00% CPI inflation: 4.70%September 2008 Bank Rate: 5.00% CPI inflation: 5.20%October 2008 Bank Rate: 4.50% CPI inflation: 4.50%November 2008 Bank Rate: 3.00% CPI inflation: 4.10%December 2008 Bank Rate: 2.00% CPI inflation: 3.10%January 2009 Bank Rate: 1.50% CPI inflation: 3.00%February 2009 Bank Rate: 1.00% CPI inflation: 3.20%March 2009 Bank Rate: 0.50% CPI inflation: 2.90%April 2009 Bank Rate: 0.50% CPI inflation: 2.30%May 2009 Bank Rate: 0.50% CPI inflation: 2.20%June 2009 Bank Rate: 0.50% CPI inflation: 1.80%July 2009 Bank Rate: 0.50% CPI inflation: 1.80%August 2009 Bank Rate: 0.50% CPI inflation: 1.60%September 2009 Bank Rate: 0.50% CPI inflation: 1.10%October 2009 Bank Rate: 0.50% CPI inflation: 1.50%November 2009 Bank Rate: 0.50% CPI inflation: 1.90%December 2009 Bank Rate: 0.50% CPI inflation: 2.90%January 2010 Bank Rate: 0.50% CPI inflation: 3.50%February 2010 Bank Rate: 0.50% CPI inflation: 3.00%March 2010 Bank Rate: 0.50% CPI inflation: 3.40%April 2010 Bank Rate: 0.50% CPI inflation: 3.70%May 2010 Bank Rate: 0.50% CPI inflation: 3.40%June 2010 Bank Rate: 0.50% CPI inflation: 3.20%July 2010 Bank Rate: 0.50% CPI inflation: 3.10%August 2010 Bank Rate: 0.50% CPI inflation: 3.10%September 2010 Bank Rate: 0.50% CPI inflation: 3.10%October 2010 Bank Rate: 0.50% CPI inflation: 3.20%November 2010 Bank Rate: 0.50% CPI inflation: 3.30%December 2010 Bank Rate: 0.50% CPI inflation: 3.70%January 2011 Bank Rate: 0.50% CPI inflation: 4.00%February 2011 Bank Rate: 0.50% CPI inflation: 4.40%March 2011 Bank Rate: 0.50% CPI inflation: 4.00%April 2011 Bank Rate: 0.50% CPI inflation: 4.50%May 2011 Bank Rate: 0.50% CPI inflation: 4.50%June 2011 Bank Rate: 0.50% CPI inflation: 4.20%July 2011 Bank Rate: 0.50% CPI inflation: 4.40%August 2011 Bank Rate: 0.50% CPI inflation: 4.50%September 2011 Bank Rate: 0.50% CPI inflation: 5.20%October 2011 Bank Rate: 0.50% CPI inflation: 5.00%November 2011 Bank Rate: 0.50% CPI inflation: 4.80%December 2011 Bank Rate: 0.50% CPI inflation: 4.20%January 2012 Bank Rate: 0.50% CPI inflation: 3.60%February 2012 Bank Rate: 0.50% CPI inflation: 3.40%March 2012 Bank Rate: 0.50% CPI inflation: 3.50%April 2012 Bank Rate: 0.50% CPI inflation: 3.00%May 2012 Bank Rate: 0.50% CPI inflation: 2.80%June 2012 Bank Rate: 0.50% CPI inflation: 2.40%July 2012 Bank Rate: 0.50% CPI inflation: 2.60%August 2012 Bank Rate: 0.50% CPI inflation: 2.50%September 2012 Bank Rate: 0.50% CPI inflation: 2.20%October 2012 Bank Rate: 0.50% CPI inflation: 2.70%November 2012 Bank Rate: 0.50% CPI inflation: 2.70%December 2012 Bank Rate: 0.50% CPI inflation: 2.70%January 2013 Bank Rate: 0.50% CPI inflation: 2.70%February 2013 Bank Rate: 0.50% CPI inflation: 2.80%March 2013 Bank Rate: 0.50% CPI inflation: 2.80%April 2013 Bank Rate: 0.50% CPI inflation: 2.40%May 2013 Bank Rate: 0.50% CPI inflation: 2.70%June 2013 Bank Rate: 0.50% CPI inflation: 2.90%July 2013 Bank Rate: 0.50% CPI inflation: 2.80%August 2013 Bank Rate: 0.50% CPI inflation: 2.70%September 2013 Bank Rate: 0.50% CPI inflation: 2.70%October 2013 Bank Rate: 0.50% CPI inflation: 2.20%November 2013 Bank Rate: 0.50% CPI inflation: 2.10%December 2013 Bank Rate: 0.50% CPI inflation: 2.00%January 2014 Bank Rate: 0.50% CPI inflation: 1.90%February 2014 Bank Rate: 0.50% CPI inflation: 1.70%March 2014 Bank Rate: 0.50% CPI inflation: 1.60%April 2014 Bank Rate: 0.50% CPI inflation: 1.80%May 2014 Bank Rate: 0.50% CPI inflation: 1.50%June 2014 Bank Rate: 0.50% CPI inflation: 1.90%July 2014 Bank Rate: 0.50% CPI inflation: 1.60%August 2014 Bank Rate: 0.50% CPI inflation: 1.50%September 2014 Bank Rate: 0.50% CPI inflation: 1.20%October 2014 Bank Rate: 0.50% CPI inflation: 1.30%November 2014 Bank Rate: 0.50% CPI inflation: 1.00%December 2014 Bank Rate: 0.50% CPI inflation: 0.50%January 2015 Bank Rate: 0.50% CPI inflation: 0.30%February 2015 Bank Rate: 0.50% CPI inflation: 0.00%March 2015 Bank Rate: 0.50% CPI inflation: 0.00%April 2015 Bank Rate: 0.50% CPI inflation: −0.10%May 2015 Bank Rate: 0.50% CPI inflation: 0.10%June 2015 Bank Rate: 0.50% CPI inflation: 0.00%July 2015 Bank Rate: 0.50% CPI inflation: 0.10%August 2015 Bank Rate: 0.50% CPI inflation: 0.00%September 2015 Bank Rate: 0.50% CPI inflation: −0.10%October 2015 Bank Rate: 0.50% CPI inflation: −0.10%November 2015 Bank Rate: 0.50% CPI inflation: 0.10%December 2015 Bank Rate: 0.50% CPI inflation: 0.20%January 2016 Bank Rate: 0.50% CPI inflation: 0.30%February 2016 Bank Rate: 0.50% CPI inflation: 0.30%March 2016 Bank Rate: 0.50% CPI inflation: 0.50%April 2016 Bank Rate: 0.50% CPI inflation: 0.30%May 2016 Bank Rate: 0.50% CPI inflation: 0.30%June 2016 Bank Rate: 0.50% CPI inflation: 0.50%July 2016 Bank Rate: 0.50% CPI inflation: 0.60%August 2016 Bank Rate: 0.25% CPI inflation: 0.60%September 2016 Bank Rate: 0.25% CPI inflation: 1.00%October 2016 Bank Rate: 0.25% CPI inflation: 0.90%November 2016 Bank Rate: 0.25% CPI inflation: 1.20%December 2016 Bank Rate: 0.25% CPI inflation: 1.60%January 2017 Bank Rate: 0.25% CPI inflation: 1.80%February 2017 Bank Rate: 0.25% CPI inflation: 2.30%March 2017 Bank Rate: 0.25% CPI inflation: 2.30%April 2017 Bank Rate: 0.25% CPI inflation: 2.70%May 2017 Bank Rate: 0.25% CPI inflation: 2.90%June 2017 Bank Rate: 0.25% CPI inflation: 2.60%July 2017 Bank Rate: 0.25% CPI inflation: 2.60%August 2017 Bank Rate: 0.25% CPI inflation: 2.90%September 2017 Bank Rate: 0.25% CPI inflation: 3.00%October 2017 Bank Rate: 0.25% CPI inflation: 3.00%November 2017 Bank Rate: 0.50% CPI inflation: 3.10%December 2017 Bank Rate: 0.50% CPI inflation: 3.00%January 2018 Bank Rate: 0.50% CPI inflation: 3.00%February 2018 Bank Rate: 0.50% CPI inflation: 2.70%March 2018 Bank Rate: 0.50% CPI inflation: 2.50%April 2018 Bank Rate: 0.50% CPI inflation: 2.40%May 2018 Bank Rate: 0.50% CPI inflation: 2.40%June 2018 Bank Rate: 0.50% CPI inflation: 2.40%July 2018 Bank Rate: 0.50% CPI inflation: 2.50%August 2018 Bank Rate: 0.75% CPI inflation: 2.70%September 2018 Bank Rate: 0.75% CPI inflation: 2.40%October 2018 Bank Rate: 0.75% CPI inflation: 2.40%November 2018 Bank Rate: 0.75% CPI inflation: 2.30%December 2018 Bank Rate: 0.75% CPI inflation: 2.10%January 2019 Bank Rate: 0.75% CPI inflation: 1.80%February 2019 Bank Rate: 0.75% CPI inflation: 1.90%March 2019 Bank Rate: 0.75% CPI inflation: 1.90%April 2019 Bank Rate: 0.75% CPI inflation: 2.10%May 2019 Bank Rate: 0.75% CPI inflation: 2.00%June 2019 Bank Rate: 0.75% CPI inflation: 2.00%July 2019 Bank Rate: 0.75% CPI inflation: 2.10%August 2019 Bank Rate: 0.75% CPI inflation: 1.70%September 2019 Bank Rate: 0.75% CPI inflation: 1.70%October 2019 Bank Rate: 0.75% CPI inflation: 1.50%November 2019 Bank Rate: 0.75% CPI inflation: 1.50%December 2019 Bank Rate: 0.75% CPI inflation: 1.30%January 2020 Bank Rate: 0.75% CPI inflation: 1.80%February 2020 Bank Rate: 0.75% CPI inflation: 1.70%March 2020 Bank Rate: 0.10% CPI inflation: 1.50%April 2020 Bank Rate: 0.10% CPI inflation: 0.80%May 2020 Bank Rate: 0.10% CPI inflation: 0.50%June 2020 Bank Rate: 0.10% CPI inflation: 0.60%July 2020 Bank Rate: 0.10% CPI inflation: 1.00%August 2020 Bank Rate: 0.10% CPI inflation: 0.20%September 2020 Bank Rate: 0.10% CPI inflation: 0.50%October 2020 Bank Rate: 0.10% CPI inflation: 0.70%November 2020 Bank Rate: 0.10% CPI inflation: 0.30%December 2020 Bank Rate: 0.10% CPI inflation: 0.60%January 2021 Bank Rate: 0.10% CPI inflation: 0.70%February 2021 Bank Rate: 0.10% CPI inflation: 0.40%March 2021 Bank Rate: 0.10% CPI inflation: 0.70%April 2021 Bank Rate: 0.10% CPI inflation: 1.50%May 2021 Bank Rate: 0.10% CPI inflation: 2.10%June 2021 Bank Rate: 0.10% CPI inflation: 2.50%July 2021 Bank Rate: 0.10% CPI inflation: 2.00%August 2021 Bank Rate: 0.10% CPI inflation: 3.20%September 2021 Bank Rate: 0.10% CPI inflation: 3.10%October 2021 Bank Rate: 0.10% CPI inflation: 4.20%November 2021 Bank Rate: 0.10% CPI inflation: 5.10%December 2021 Bank Rate: 0.25% CPI inflation: 5.40%January 2022 Bank Rate: 0.25% CPI inflation: 5.50%February 2022 Bank Rate: 0.50% CPI inflation: 6.20%March 2022 Bank Rate: 0.75% CPI inflation: 7.00%April 2022 Bank Rate: 0.75% CPI inflation: 9.00%May 2022 Bank Rate: 1.00% CPI inflation: 9.10%June 2022 Bank Rate: 1.25% CPI inflation: 9.40%July 2022 Bank Rate: 1.25% CPI inflation: 10.10%August 2022 Bank Rate: 1.75% CPI inflation: 9.90%September 2022 Bank Rate: 2.25% CPI inflation: 10.10%October 2022 Bank Rate: 2.25% CPI inflation: 11.10%November 2022 Bank Rate: 3.00% CPI inflation: 10.70%December 2022 Bank Rate: 3.50% CPI inflation: 10.50%January 2023 Bank Rate: 3.50% CPI inflation: 10.10%February 2023 Bank Rate: 4.00% CPI inflation: 10.40%March 2023 Bank Rate: 4.25% CPI inflation: 10.10%April 2023 Bank Rate: 4.25% CPI inflation: 8.70%May 2023 Bank Rate: 4.50% CPI inflation: 8.70%June 2023 Bank Rate: 5.00% CPI inflation: 7.90%July 2023 Bank Rate: 5.00% CPI inflation: 6.80%August 2023 Bank Rate: 5.25% CPI inflation: 6.70%September 2023 Bank Rate: 5.25% CPI inflation: 6.70%October 2023 Bank Rate: 5.25% CPI inflation: 4.60%November 2023 Bank Rate: 5.25% CPI inflation: 3.90%December 2023 Bank Rate: 5.25% CPI inflation: 4.00%January 2024 Bank Rate: 5.25% CPI inflation: 4.00%February 2024 Bank Rate: 5.25% CPI inflation: 3.40%March 2024 Bank Rate: 5.25% CPI inflation: 3.20%April 2024 Bank Rate: 5.25% CPI inflation: 2.30%May 2024 Bank Rate: 5.25% CPI inflation: 2.00%June 2024 Bank Rate: 5.25% CPI inflation: 2.00%July 2024 Bank Rate: 5.25% CPI inflation: 2.20%August 2024 Bank Rate: 5.00% CPI inflation: 2.20%September 2024 Bank Rate: 5.00% CPI inflation: 1.70%October 2024 Bank Rate: 5.00% CPI inflation: 2.30%November 2024 Bank Rate: 4.75% CPI inflation: 2.60%December 2024 Bank Rate: 4.75% CPI inflation: 2.50%January 2025 Bank Rate: 4.75% CPI inflation: 3.00%February 2025 Bank Rate: 4.50% CPI inflation: 2.80%March 2025 Bank Rate: 4.50% CPI inflation: 2.60%April 2025 Bank Rate: 4.50% CPI inflation: 3.50%May 2025 Bank Rate: 4.25% CPI inflation: 3.40%June 2025 Bank Rate: 4.25% CPI inflation: 3.60%July 2025 Bank Rate: 4.25% CPI inflation: 3.80%August 2025 Bank Rate: 4.00% CPI inflation: 3.80%September 2025 Bank Rate: 4.00% CPI inflation: 3.80%October 2025 Bank Rate: 4.00% CPI inflation: 3.60%November 2025 Bank Rate: 4.00% CPI inflation: 3.20%December 2025 Bank Rate: 3.75% CPI inflation: 3.40%January 2026 Bank Rate: 3.75% CPI inflation: 3.00%February 2026 Bank Rate: 3.75% CPI inflation: 3.00%March 2026 Bank Rate: 3.75% CPI inflation: 3.30%April 2026 Bank Rate: 3.75% CPI inflation: 2.80%May 2026 Bank Rate: 3.75% CPI inflation: 2.80%June 2026 Bank Rate: 3.75% CPI inflation: 2.60%July 2026 Bank Rate: 3.75% CPI inflation: 2.90%August 2026 Bank Rate: 3.75% CPI inflation: 3.10%September 2026 Bank Rate: 3.75% CPI inflation: 3.50%October 2026 Bank Rate: 3.75% CPI inflation: not published

Bank Rate, the real rate and CPI inflation

Lines

percentage points

January 1997 Real Bank Rate (points): 3.84 ppFebruary 1997 Real Bank Rate (points): 4.04 ppMarch 1997 Real Bank Rate (points): 4.24 ppApril 1997 Real Bank Rate (points): 4.34 ppMay 1997 Real Bank Rate (points): 4.65 ppJune 1997 Real Bank Rate (points): 4.80 ppJuly 1997 Real Bank Rate (points): 4.75 ppAugust 1997 Real Bank Rate (points): 5.00 ppSeptember 1997 Real Bank Rate (points): 5.20 ppOctober 1997 Real Bank Rate (points): 5.10 ppNovember 1997 Real Bank Rate (points): 5.35 ppDecember 1997 Real Bank Rate (points): 5.55 ppJanuary 1998 Real Bank Rate (points): 5.75 ppFebruary 1998 Real Bank Rate (points): 5.65 ppMarch 1998 Real Bank Rate (points): 5.55 ppApril 1998 Real Bank Rate (points): 5.45 ppMay 1998 Real Bank Rate (points): 5.25 ppJune 1998 Real Bank Rate (points): 5.80 ppJuly 1998 Real Bank Rate (points): 6.10 ppAugust 1998 Real Bank Rate (points): 6.20 ppSeptember 1998 Real Bank Rate (points): 6.10 ppOctober 1998 Real Bank Rate (points): 5.85 ppNovember 1998 Real Bank Rate (points): 5.35 ppDecember 1998 Real Bank Rate (points): 4.65 ppJanuary 1999 Real Bank Rate (points): 4.40 ppFebruary 1999 Real Bank Rate (points): 4.10 ppMarch 1999 Real Bank Rate (points): 3.80 ppApril 1999 Real Bank Rate (points): 3.75 ppMay 1999 Real Bank Rate (points): 3.95 ppJune 1999 Real Bank Rate (points): 3.70 ppJuly 1999 Real Bank Rate (points): 3.70 ppAugust 1999 Real Bank Rate (points): 3.80 ppSeptember 1999 Real Bank Rate (points): 4.05 ppOctober 1999 Real Bank Rate (points): 4.15 ppNovember 1999 Real Bank Rate (points): 4.30 ppDecember 1999 Real Bank Rate (points): 4.40 ppJanuary 2000 Real Bank Rate (points): 4.95 ppFebruary 2000 Real Bank Rate (points): 5.10 ppMarch 2000 Real Bank Rate (points): 5.40 ppApril 2000 Real Bank Rate (points): 5.40 ppMay 2000 Real Bank Rate (points): 5.50 ppJune 2000 Real Bank Rate (points): 5.20 ppJuly 2000 Real Bank Rate (points): 5.10 ppAugust 2000 Real Bank Rate (points): 5.40 ppSeptember 2000 Real Bank Rate (points): 5.00 ppOctober 2000 Real Bank Rate (points): 5.00 ppNovember 2000 Real Bank Rate (points): 4.90 ppDecember 2000 Real Bank Rate (points): 5.20 ppJanuary 2001 Real Bank Rate (points): 5.10 ppFebruary 2001 Real Bank Rate (points): 4.95 ppMarch 2001 Real Bank Rate (points): 4.85 ppApril 2001 Real Bank Rate (points): 4.30 ppMay 2001 Real Bank Rate (points): 3.55 ppJune 2001 Real Bank Rate (points): 3.55 ppJuly 2001 Real Bank Rate (points): 3.85 ppAugust 2001 Real Bank Rate (points): 3.20 ppSeptember 2001 Real Bank Rate (points): 3.45 ppOctober 2001 Real Bank Rate (points): 3.30 ppNovember 2001 Real Bank Rate (points): 3.20 ppDecember 2001 Real Bank Rate (points): 2.90 ppJanuary 2002 Real Bank Rate (points): 2.40 ppFebruary 2002 Real Bank Rate (points): 2.50 ppMarch 2002 Real Bank Rate (points): 2.50 ppApril 2002 Real Bank Rate (points): 2.60 ppMay 2002 Real Bank Rate (points): 3.20 ppJune 2002 Real Bank Rate (points): 3.40 ppJuly 2002 Real Bank Rate (points): 2.90 ppAugust 2002 Real Bank Rate (points): 3.00 ppSeptember 2002 Real Bank Rate (points): 3.00 ppOctober 2002 Real Bank Rate (points): 2.60 ppNovember 2002 Real Bank Rate (points): 2.50 ppDecember 2002 Real Bank Rate (points): 2.30 ppJanuary 2003 Real Bank Rate (points): 2.70 ppFebruary 2003 Real Bank Rate (points): 2.15 ppMarch 2003 Real Bank Rate (points): 2.25 ppApril 2003 Real Bank Rate (points): 2.35 ppMay 2003 Real Bank Rate (points): 2.45 ppJune 2003 Real Bank Rate (points): 2.65 ppJuly 2003 Real Bank Rate (points): 2.20 ppAugust 2003 Real Bank Rate (points): 2.10 ppSeptember 2003 Real Bank Rate (points): 2.10 ppOctober 2003 Real Bank Rate (points): 2.10 ppNovember 2003 Real Bank Rate (points): 2.45 ppDecember 2003 Real Bank Rate (points): 2.45 ppJanuary 2004 Real Bank Rate (points): 2.35 ppFebruary 2004 Real Bank Rate (points): 2.70 ppMarch 2004 Real Bank Rate (points): 2.90 ppApril 2004 Real Bank Rate (points): 2.90 ppMay 2004 Real Bank Rate (points): 2.75 ppJune 2004 Real Bank Rate (points): 2.90 ppJuly 2004 Real Bank Rate (points): 3.10 ppAugust 2004 Real Bank Rate (points): 3.45 ppSeptember 2004 Real Bank Rate (points): 3.65 ppOctober 2004 Real Bank Rate (points): 3.55 ppNovember 2004 Real Bank Rate (points): 3.25 ppDecember 2004 Real Bank Rate (points): 3.05 ppJanuary 2005 Real Bank Rate (points): 3.15 ppFebruary 2005 Real Bank Rate (points): 3.05 ppMarch 2005 Real Bank Rate (points): 2.85 ppApril 2005 Real Bank Rate (points): 2.85 ppMay 2005 Real Bank Rate (points): 2.85 ppJune 2005 Real Bank Rate (points): 2.75 ppJuly 2005 Real Bank Rate (points): 2.45 ppAugust 2005 Real Bank Rate (points): 2.10 ppSeptember 2005 Real Bank Rate (points): 2.00 ppOctober 2005 Real Bank Rate (points): 2.20 ppNovember 2005 Real Bank Rate (points): 2.40 ppDecember 2005 Real Bank Rate (points): 2.60 ppJanuary 2006 Real Bank Rate (points): 2.60 ppFebruary 2006 Real Bank Rate (points): 2.50 ppMarch 2006 Real Bank Rate (points): 2.70 ppApril 2006 Real Bank Rate (points): 2.50 ppMay 2006 Real Bank Rate (points): 2.30 ppJune 2006 Real Bank Rate (points): 2.00 ppJuly 2006 Real Bank Rate (points): 2.10 ppAugust 2006 Real Bank Rate (points): 2.25 ppSeptember 2006 Real Bank Rate (points): 2.35 ppOctober 2006 Real Bank Rate (points): 2.35 ppNovember 2006 Real Bank Rate (points): 2.30 ppDecember 2006 Real Bank Rate (points): 2.00 ppJanuary 2007 Real Bank Rate (points): 2.55 ppFebruary 2007 Real Bank Rate (points): 2.45 ppMarch 2007 Real Bank Rate (points): 2.15 ppApril 2007 Real Bank Rate (points): 2.45 ppMay 2007 Real Bank Rate (points): 3.00 ppJune 2007 Real Bank Rate (points): 3.10 ppJuly 2007 Real Bank Rate (points): 3.85 ppAugust 2007 Real Bank Rate (points): 3.95 ppSeptember 2007 Real Bank Rate (points): 3.95 ppOctober 2007 Real Bank Rate (points): 3.65 ppNovember 2007 Real Bank Rate (points): 3.65 ppDecember 2007 Real Bank Rate (points): 3.40 ppJanuary 2008 Real Bank Rate (points): 3.30 ppFebruary 2008 Real Bank Rate (points): 2.75 ppMarch 2008 Real Bank Rate (points): 2.75 ppApril 2008 Real Bank Rate (points): 2.00 ppMay 2008 Real Bank Rate (points): 1.70 ppJune 2008 Real Bank Rate (points): 1.20 ppJuly 2008 Real Bank Rate (points): 0.60 ppAugust 2008 Real Bank Rate (points): 0.30 ppSeptember 2008 Real Bank Rate (points): −0.20 ppOctober 2008 Real Bank Rate (points): 0.00 ppNovember 2008 Real Bank Rate (points): −1.10 ppDecember 2008 Real Bank Rate (points): −1.10 ppJanuary 2009 Real Bank Rate (points): −1.50 ppFebruary 2009 Real Bank Rate (points): −2.20 ppMarch 2009 Real Bank Rate (points): −2.40 ppApril 2009 Real Bank Rate (points): −1.80 ppMay 2009 Real Bank Rate (points): −1.70 ppJune 2009 Real Bank Rate (points): −1.30 ppJuly 2009 Real Bank Rate (points): −1.30 ppAugust 2009 Real Bank Rate (points): −1.10 ppSeptember 2009 Real Bank Rate (points): −0.60 ppOctober 2009 Real Bank Rate (points): −1.00 ppNovember 2009 Real Bank Rate (points): −1.40 ppDecember 2009 Real Bank Rate (points): −2.40 ppJanuary 2010 Real Bank Rate (points): −3.00 ppFebruary 2010 Real Bank Rate (points): −2.50 ppMarch 2010 Real Bank Rate (points): −2.90 ppApril 2010 Real Bank Rate (points): −3.20 ppMay 2010 Real Bank Rate (points): −2.90 ppJune 2010 Real Bank Rate (points): −2.70 ppJuly 2010 Real Bank Rate (points): −2.60 ppAugust 2010 Real Bank Rate (points): −2.60 ppSeptember 2010 Real Bank Rate (points): −2.60 ppOctober 2010 Real Bank Rate (points): −2.70 ppNovember 2010 Real Bank Rate (points): −2.80 ppDecember 2010 Real Bank Rate (points): −3.20 ppJanuary 2011 Real Bank Rate (points): −3.50 ppFebruary 2011 Real Bank Rate (points): −3.90 ppMarch 2011 Real Bank Rate (points): −3.50 ppApril 2011 Real Bank Rate (points): −4.00 ppMay 2011 Real Bank Rate (points): −4.00 ppJune 2011 Real Bank Rate (points): −3.70 ppJuly 2011 Real Bank Rate (points): −3.90 ppAugust 2011 Real Bank Rate (points): −4.00 ppSeptember 2011 Real Bank Rate (points): −4.70 ppOctober 2011 Real Bank Rate (points): −4.50 ppNovember 2011 Real Bank Rate (points): −4.30 ppDecember 2011 Real Bank Rate (points): −3.70 ppJanuary 2012 Real Bank Rate (points): −3.10 ppFebruary 2012 Real Bank Rate (points): −2.90 ppMarch 2012 Real Bank Rate (points): −3.00 ppApril 2012 Real Bank Rate (points): −2.50 ppMay 2012 Real Bank Rate (points): −2.30 ppJune 2012 Real Bank Rate (points): −1.90 ppJuly 2012 Real Bank Rate (points): −2.10 ppAugust 2012 Real Bank Rate (points): −2.00 ppSeptember 2012 Real Bank Rate (points): −1.70 ppOctober 2012 Real Bank Rate (points): −2.20 ppNovember 2012 Real Bank Rate (points): −2.20 ppDecember 2012 Real Bank Rate (points): −2.20 ppJanuary 2013 Real Bank Rate (points): −2.20 ppFebruary 2013 Real Bank Rate (points): −2.30 ppMarch 2013 Real Bank Rate (points): −2.30 ppApril 2013 Real Bank Rate (points): −1.90 ppMay 2013 Real Bank Rate (points): −2.20 ppJune 2013 Real Bank Rate (points): −2.40 ppJuly 2013 Real Bank Rate (points): −2.30 ppAugust 2013 Real Bank Rate (points): −2.20 ppSeptember 2013 Real Bank Rate (points): −2.20 ppOctober 2013 Real Bank Rate (points): −1.70 ppNovember 2013 Real Bank Rate (points): −1.60 ppDecember 2013 Real Bank Rate (points): −1.50 ppJanuary 2014 Real Bank Rate (points): −1.40 ppFebruary 2014 Real Bank Rate (points): −1.20 ppMarch 2014 Real Bank Rate (points): −1.10 ppApril 2014 Real Bank Rate (points): −1.30 ppMay 2014 Real Bank Rate (points): −1.00 ppJune 2014 Real Bank Rate (points): −1.40 ppJuly 2014 Real Bank Rate (points): −1.10 ppAugust 2014 Real Bank Rate (points): −1.00 ppSeptember 2014 Real Bank Rate (points): −0.70 ppOctober 2014 Real Bank Rate (points): −0.80 ppNovember 2014 Real Bank Rate (points): −0.50 ppDecember 2014 Real Bank Rate (points): 0.00 ppJanuary 2015 Real Bank Rate (points): 0.20 ppFebruary 2015 Real Bank Rate (points): 0.50 ppMarch 2015 Real Bank Rate (points): 0.50 ppApril 2015 Real Bank Rate (points): 0.60 ppMay 2015 Real Bank Rate (points): 0.40 ppJune 2015 Real Bank Rate (points): 0.50 ppJuly 2015 Real Bank Rate (points): 0.40 ppAugust 2015 Real Bank Rate (points): 0.50 ppSeptember 2015 Real Bank Rate (points): 0.60 ppOctober 2015 Real Bank Rate (points): 0.60 ppNovember 2015 Real Bank Rate (points): 0.40 ppDecember 2015 Real Bank Rate (points): 0.30 ppJanuary 2016 Real Bank Rate (points): 0.20 ppFebruary 2016 Real Bank Rate (points): 0.20 ppMarch 2016 Real Bank Rate (points): 0.00 ppApril 2016 Real Bank Rate (points): 0.20 ppMay 2016 Real Bank Rate (points): 0.20 ppJune 2016 Real Bank Rate (points): 0.00 ppJuly 2016 Real Bank Rate (points): −0.10 ppAugust 2016 Real Bank Rate (points): −0.35 ppSeptember 2016 Real Bank Rate (points): −0.75 ppOctober 2016 Real Bank Rate (points): −0.65 ppNovember 2016 Real Bank Rate (points): −0.95 ppDecember 2016 Real Bank Rate (points): −1.35 ppJanuary 2017 Real Bank Rate (points): −1.55 ppFebruary 2017 Real Bank Rate (points): −2.05 ppMarch 2017 Real Bank Rate (points): −2.05 ppApril 2017 Real Bank Rate (points): −2.45 ppMay 2017 Real Bank Rate (points): −2.65 ppJune 2017 Real Bank Rate (points): −2.35 ppJuly 2017 Real Bank Rate (points): −2.35 ppAugust 2017 Real Bank Rate (points): −2.65 ppSeptember 2017 Real Bank Rate (points): −2.75 ppOctober 2017 Real Bank Rate (points): −2.75 ppNovember 2017 Real Bank Rate (points): −2.60 ppDecember 2017 Real Bank Rate (points): −2.50 ppJanuary 2018 Real Bank Rate (points): −2.50 ppFebruary 2018 Real Bank Rate (points): −2.20 ppMarch 2018 Real Bank Rate (points): −2.00 ppApril 2018 Real Bank Rate (points): −1.90 ppMay 2018 Real Bank Rate (points): −1.90 ppJune 2018 Real Bank Rate (points): −1.90 ppJuly 2018 Real Bank Rate (points): −2.00 ppAugust 2018 Real Bank Rate (points): −1.95 ppSeptember 2018 Real Bank Rate (points): −1.65 ppOctober 2018 Real Bank Rate (points): −1.65 ppNovember 2018 Real Bank Rate (points): −1.55 ppDecember 2018 Real Bank Rate (points): −1.35 ppJanuary 2019 Real Bank Rate (points): −1.05 ppFebruary 2019 Real Bank Rate (points): −1.15 ppMarch 2019 Real Bank Rate (points): −1.15 ppApril 2019 Real Bank Rate (points): −1.35 ppMay 2019 Real Bank Rate (points): −1.25 ppJune 2019 Real Bank Rate (points): −1.25 ppJuly 2019 Real Bank Rate (points): −1.35 ppAugust 2019 Real Bank Rate (points): −0.95 ppSeptember 2019 Real Bank Rate (points): −0.95 ppOctober 2019 Real Bank Rate (points): −0.75 ppNovember 2019 Real Bank Rate (points): −0.75 ppDecember 2019 Real Bank Rate (points): −0.55 ppJanuary 2020 Real Bank Rate (points): −1.05 ppFebruary 2020 Real Bank Rate (points): −0.95 ppMarch 2020 Real Bank Rate (points): −1.40 ppApril 2020 Real Bank Rate (points): −0.70 ppMay 2020 Real Bank Rate (points): −0.40 ppJune 2020 Real Bank Rate (points): −0.50 ppJuly 2020 Real Bank Rate (points): −0.90 ppAugust 2020 Real Bank Rate (points): −0.10 ppSeptember 2020 Real Bank Rate (points): −0.40 ppOctober 2020 Real Bank Rate (points): −0.60 ppNovember 2020 Real Bank Rate (points): −0.20 ppDecember 2020 Real Bank Rate (points): −0.50 ppJanuary 2021 Real Bank Rate (points): −0.60 ppFebruary 2021 Real Bank Rate (points): −0.30 ppMarch 2021 Real Bank Rate (points): −0.60 ppApril 2021 Real Bank Rate (points): −1.40 ppMay 2021 Real Bank Rate (points): −2.00 ppJune 2021 Real Bank Rate (points): −2.40 ppJuly 2021 Real Bank Rate (points): −1.90 ppAugust 2021 Real Bank Rate (points): −3.10 ppSeptember 2021 Real Bank Rate (points): −3.00 ppOctober 2021 Real Bank Rate (points): −4.10 ppNovember 2021 Real Bank Rate (points): −5.00 ppDecember 2021 Real Bank Rate (points): −5.15 ppJanuary 2022 Real Bank Rate (points): −5.25 ppFebruary 2022 Real Bank Rate (points): −5.70 ppMarch 2022 Real Bank Rate (points): −6.25 ppApril 2022 Real Bank Rate (points): −8.25 ppMay 2022 Real Bank Rate (points): −8.10 ppJune 2022 Real Bank Rate (points): −8.15 ppJuly 2022 Real Bank Rate (points): −8.85 ppAugust 2022 Real Bank Rate (points): −8.15 ppSeptember 2022 Real Bank Rate (points): −7.85 ppOctober 2022 Real Bank Rate (points): −8.85 ppNovember 2022 Real Bank Rate (points): −7.70 ppDecember 2022 Real Bank Rate (points): −7.00 ppJanuary 2023 Real Bank Rate (points): −6.60 ppFebruary 2023 Real Bank Rate (points): −6.40 ppMarch 2023 Real Bank Rate (points): −5.85 ppApril 2023 Real Bank Rate (points): −4.45 ppMay 2023 Real Bank Rate (points): −4.20 ppJune 2023 Real Bank Rate (points): −2.90 ppJuly 2023 Real Bank Rate (points): −1.80 ppAugust 2023 Real Bank Rate (points): −1.45 ppSeptember 2023 Real Bank Rate (points): −1.45 ppOctober 2023 Real Bank Rate (points): 0.65 ppNovember 2023 Real Bank Rate (points): 1.35 ppDecember 2023 Real Bank Rate (points): 1.25 ppJanuary 2024 Real Bank Rate (points): 1.25 ppFebruary 2024 Real Bank Rate (points): 1.85 ppMarch 2024 Real Bank Rate (points): 2.05 ppApril 2024 Real Bank Rate (points): 2.95 ppMay 2024 Real Bank Rate (points): 3.25 ppJune 2024 Real Bank Rate (points): 3.25 ppJuly 2024 Real Bank Rate (points): 3.05 ppAugust 2024 Real Bank Rate (points): 2.80 ppSeptember 2024 Real Bank Rate (points): 3.30 ppOctober 2024 Real Bank Rate (points): 2.70 ppNovember 2024 Real Bank Rate (points): 2.15 ppDecember 2024 Real Bank Rate (points): 2.25 ppJanuary 2025 Real Bank Rate (points): 1.75 ppFebruary 2025 Real Bank Rate (points): 1.70 ppMarch 2025 Real Bank Rate (points): 1.90 ppApril 2025 Real Bank Rate (points): 1.00 ppMay 2025 Real Bank Rate (points): 0.85 ppJune 2025 Real Bank Rate (points): 0.65 ppJuly 2025 Real Bank Rate (points): 0.45 ppAugust 2025 Real Bank Rate (points): 0.20 ppSeptember 2025 Real Bank Rate (points): 0.20 ppOctober 2025 Real Bank Rate (points): 0.40 ppNovember 2025 Real Bank Rate (points): 0.80 ppDecember 2025 Real Bank Rate (points): 0.35 ppJanuary 2026 Real Bank Rate (points): 0.75 ppFebruary 2026 Real Bank Rate (points): 0.75 ppMarch 2026 Real Bank Rate (points): 0.45 ppApril 2026 Real Bank Rate (points): 0.95 ppMay 2026 Real Bank Rate (points): 0.95 ppJune 2026 Real Bank Rate (points): 1.15 ppJuly 2026 Real Bank Rate (points): 0.85 ppAugust 2026 Real Bank Rate (points): 0.65 ppSeptember 2026 Real Bank Rate (points): 0.25 pp

Source: Bank of England Jan 1997 – Sep 2026Monthlypercentage pointsLoaded 2 Nov 2026

Pay growth and unemployment

Includes provisional data
Lines

per cent

February 2001 Regular pay growth: not published Total pay growth: not published Unemployment rate: 5.20%March 2001 Regular pay growth: 3.90% Total pay growth: 6.10% Unemployment rate: 5.10%April 2001 Regular pay growth: 4.50% Total pay growth: 6.20% Unemployment rate: 5.00%May 2001 Regular pay growth: 4.90% Total pay growth: 5.10% Unemployment rate: 4.90%June 2001 Regular pay growth: 5.00% Total pay growth: 5.50% Unemployment rate: 5.00%July 2001 Regular pay growth: 5.10% Total pay growth: 5.20% Unemployment rate: 5.00%August 2001 Regular pay growth: 5.30% Total pay growth: 5.30% Unemployment rate: 5.10%September 2001 Regular pay growth: 5.20% Total pay growth: 4.80% Unemployment rate: 5.10%October 2001 Regular pay growth: 5.00% Total pay growth: 4.80% Unemployment rate: 5.10%November 2001 Regular pay growth: 4.80% Total pay growth: 4.60% Unemployment rate: 5.10%December 2001 Regular pay growth: 4.70% Total pay growth: 4.20% Unemployment rate: 5.20%January 2002 Regular pay growth: 4.60% Total pay growth: 3.80% Unemployment rate: 5.20%February 2002 Regular pay growth: 4.70% Total pay growth: 3.20% Unemployment rate: 5.10%March 2002 Regular pay growth: 4.80% Total pay growth: 3.00% Unemployment rate: 5.20%April 2002 Regular pay growth: 4.70% Total pay growth: 3.00% Unemployment rate: 5.20%May 2002 Regular pay growth: 4.40% Total pay growth: 3.30% Unemployment rate: 5.20%June 2002 Regular pay growth: 4.30% Total pay growth: 3.70% Unemployment rate: 5.20%July 2002 Regular pay growth: 4.20% Total pay growth: 3.80% Unemployment rate: 5.20%August 2002 Regular pay growth: 3.90% Total pay growth: 3.60% Unemployment rate: 5.20%September 2002 Regular pay growth: 3.50% Total pay growth: 3.40% Unemployment rate: 5.30%October 2002 Regular pay growth: 3.20% Total pay growth: 3.10% Unemployment rate: 5.20%November 2002 Regular pay growth: 3.20% Total pay growth: 3.00% Unemployment rate: 5.20%December 2002 Regular pay growth: 3.00% Total pay growth: 2.80% Unemployment rate: 5.10%January 2003 Regular pay growth: 3.10% Total pay growth: 2.50% Unemployment rate: 5.00%February 2003 Regular pay growth: 3.10% Total pay growth: 2.20% Unemployment rate: 5.10%March 2003 Regular pay growth: 3.10% Total pay growth: 2.80% Unemployment rate: 5.20%April 2003 Regular pay growth: 2.90% Total pay growth: 3.00% Unemployment rate: 5.10%May 2003 Regular pay growth: 3.10% Total pay growth: 3.30% Unemployment rate: 5.00%June 2003 Regular pay growth: 3.10% Total pay growth: 2.70% Unemployment rate: 4.90%July 2003 Regular pay growth: 3.00% Total pay growth: 2.70% Unemployment rate: 5.10%August 2003 Regular pay growth: 3.10% Total pay growth: 2.90% Unemployment rate: 5.10%September 2003 Regular pay growth: 3.40% Total pay growth: 3.30% Unemployment rate: 5.00%October 2003 Regular pay growth: 3.70% Total pay growth: 3.70% Unemployment rate: 5.00%November 2003 Regular pay growth: 3.70% Total pay growth: 3.90% Unemployment rate: 4.90%December 2003 Regular pay growth: 3.90% Total pay growth: 4.10% Unemployment rate: 4.90%January 2004 Regular pay growth: 3.80% Total pay growth: 5.20% Unemployment rate: 4.80%February 2004 Regular pay growth: 3.70% Total pay growth: 4.90% Unemployment rate: 4.80%March 2004 Regular pay growth: 3.40% Total pay growth: 4.70% Unemployment rate: 4.80%April 2004 Regular pay growth: 3.40% Total pay growth: 3.70% Unemployment rate: 4.80%May 2004 Regular pay growth: 3.50% Total pay growth: 4.10% Unemployment rate: 4.80%June 2004 Regular pay growth: 3.60% Total pay growth: 4.20% Unemployment rate: 4.80%July 2004 Regular pay growth: 3.70% Total pay growth: 4.10% Unemployment rate: 4.80%August 2004 Regular pay growth: 3.80% Total pay growth: 4.10% Unemployment rate: 4.70%September 2004 Regular pay growth: 3.80% Total pay growth: 4.10% Unemployment rate: 4.70%October 2004 Regular pay growth: 3.80% Total pay growth: 4.20% Unemployment rate: 4.70%November 2004 Regular pay growth: 3.80% Total pay growth: 4.20% Unemployment rate: 4.70%December 2004 Regular pay growth: 3.90% Total pay growth: 4.30% Unemployment rate: 4.70%January 2005 Regular pay growth: 4.00% Total pay growth: 4.20% Unemployment rate: 4.70%February 2005 Regular pay growth: 4.10% Total pay growth: 4.60% Unemployment rate: 4.80%March 2005 Regular pay growth: 4.30% Total pay growth: 4.50% Unemployment rate: 4.70%April 2005 Regular pay growth: 4.30% Total pay growth: 4.60% Unemployment rate: 4.70%May 2005 Regular pay growth: 4.30% Total pay growth: 4.30% Unemployment rate: 4.80%June 2005 Regular pay growth: 4.20% Total pay growth: 4.50% Unemployment rate: 4.80%July 2005 Regular pay growth: 4.30% Total pay growth: 4.60% Unemployment rate: 4.70%August 2005 Regular pay growth: 4.30% Total pay growth: 4.80% Unemployment rate: 4.70%September 2005 Regular pay growth: 4.50% Total pay growth: 5.00% Unemployment rate: 4.70%October 2005 Regular pay growth: 4.40% Total pay growth: 4.80% Unemployment rate: 4.90%November 2005 Regular pay growth: 4.40% Total pay growth: 4.70% Unemployment rate: 5.10%December 2005 Regular pay growth: 4.10% Total pay growth: 4.60% Unemployment rate: 5.10%January 2006 Regular pay growth: 4.00% Total pay growth: 4.20% Unemployment rate: 5.10%February 2006 Regular pay growth: 4.00% Total pay growth: 4.40% Unemployment rate: 5.20%March 2006 Regular pay growth: 4.10% Total pay growth: 4.90% Unemployment rate: 5.20%April 2006 Regular pay growth: 3.90% Total pay growth: 5.30% Unemployment rate: 5.30%May 2006 Regular pay growth: 3.80% Total pay growth: 5.00% Unemployment rate: 5.40%June 2006 Regular pay growth: 4.00% Total pay growth: 4.90% Unemployment rate: 5.50%July 2006 Regular pay growth: 3.90% Total pay growth: 5.00% Unemployment rate: 5.50%August 2006 Regular pay growth: 3.70% Total pay growth: 4.70% Unemployment rate: 5.50%September 2006 Regular pay growth: 3.50% Total pay growth: 4.10% Unemployment rate: 5.50%October 2006 Regular pay growth: 3.70% Total pay growth: 4.00% Unemployment rate: 5.50%November 2006 Regular pay growth: 3.90% Total pay growth: 4.20% Unemployment rate: 5.40%December 2006 Regular pay growth: 4.10% Total pay growth: 4.90% Unemployment rate: 5.50%January 2007 Regular pay growth: 3.90% Total pay growth: 5.40% Unemployment rate: 5.50%February 2007 Regular pay growth: 3.90% Total pay growth: 6.20% Unemployment rate: 5.50%March 2007 Regular pay growth: 3.90% Total pay growth: 5.80% Unemployment rate: 5.50%April 2007 Regular pay growth: 4.00% Total pay growth: 5.30% Unemployment rate: 5.50%May 2007 Regular pay growth: 4.10% Total pay growth: 4.50% Unemployment rate: 5.40%June 2007 Regular pay growth: 4.10% Total pay growth: 4.40% Unemployment rate: 5.40%July 2007 Regular pay growth: 4.30% Total pay growth: 4.60% Unemployment rate: 5.30%August 2007 Regular pay growth: 4.50% Total pay growth: 4.80% Unemployment rate: 5.30%September 2007 Regular pay growth: 4.60% Total pay growth: 5.20% Unemployment rate: 5.30%October 2007 Regular pay growth: 4.40% Total pay growth: 5.00% Unemployment rate: 5.20%November 2007 Regular pay growth: 4.20% Total pay growth: 4.90% Unemployment rate: 5.20%December 2007 Regular pay growth: 4.00% Total pay growth: 4.10% Unemployment rate: 5.20%January 2008 Regular pay growth: 4.10% Total pay growth: 3.80% Unemployment rate: 5.20%February 2008 Regular pay growth: 4.10% Total pay growth: 3.50% Unemployment rate: 5.20%March 2008 Regular pay growth: 4.20% Total pay growth: 4.10% Unemployment rate: 5.20%April 2008 Regular pay growth: 4.40% Total pay growth: 4.50% Unemployment rate: 5.30%May 2008 Regular pay growth: 4.20% Total pay growth: 4.70% Unemployment rate: 5.20%June 2008 Regular pay growth: 4.00% Total pay growth: 4.20% Unemployment rate: 5.40%July 2008 Regular pay growth: 3.60% Total pay growth: 3.70% Unemployment rate: 5.50%August 2008 Regular pay growth: 3.40% Total pay growth: 3.30% Unemployment rate: 5.70%September 2008 Regular pay growth: 3.30% Total pay growth: 3.10% Unemployment rate: 5.90%October 2008 Regular pay growth: 3.40% Total pay growth: 3.10% Unemployment rate: 6.00%November 2008 Regular pay growth: 3.40% Total pay growth: 2.80% Unemployment rate: 6.20%December 2008 Regular pay growth: 3.30% Total pay growth: 2.80% Unemployment rate: 6.40%January 2009 Regular pay growth: 3.10% Total pay growth: 1.00% Unemployment rate: 6.50%February 2009 Regular pay growth: 2.90% Total pay growth: −1.80% Unemployment rate: 6.70%March 2009 Regular pay growth: 2.50% Total pay growth: −2.90% Unemployment rate: 7.10%April 2009 Regular pay growth: 2.20% Total pay growth: −1.80% Unemployment rate: 7.30%May 2009 Regular pay growth: 2.10% Total pay growth: 0.50% Unemployment rate: 7.60%June 2009 Regular pay growth: 2.00% Total pay growth: 1.20% Unemployment rate: 7.80%July 2009 Regular pay growth: 1.90% Total pay growth: 0.90% Unemployment rate: 7.90%August 2009 Regular pay growth: 1.60% Total pay growth: 0.80% Unemployment rate: 7.90%September 2009 Regular pay growth: 1.30% Total pay growth: 0.70% Unemployment rate: 7.80%October 2009 Regular pay growth: 1.20% Total pay growth: 0.60% Unemployment rate: 7.90%November 2009 Regular pay growth: 1.10% Total pay growth: 0.70% Unemployment rate: 7.80%December 2009 Regular pay growth: 1.10% Total pay growth: 0.70% Unemployment rate: 7.80%January 2010 Regular pay growth: 1.40% Total pay growth: 2.00% Unemployment rate: 7.70%February 2010 Regular pay growth: 1.60% Total pay growth: 4.60% Unemployment rate: 7.90%March 2010 Regular pay growth: 1.80% Total pay growth: 5.00% Unemployment rate: 8.00%April 2010 Regular pay growth: 1.70% Total pay growth: 3.80% Unemployment rate: 8.00%May 2010 Regular pay growth: 1.60% Total pay growth: 1.30% Unemployment rate: 7.90%June 2010 Regular pay growth: 1.30% Total pay growth: 1.00% Unemployment rate: 7.90%July 2010 Regular pay growth: 1.60% Total pay growth: 1.20% Unemployment rate: 7.80%August 2010 Regular pay growth: 1.90% Total pay growth: 1.30% Unemployment rate: 7.80%September 2010 Regular pay growth: 2.20% Total pay growth: 1.50% Unemployment rate: 7.80%October 2010 Regular pay growth: 2.20% Total pay growth: 1.70% Unemployment rate: 7.90%November 2010 Regular pay growth: 2.30% Total pay growth: 1.80% Unemployment rate: 7.90%December 2010 Regular pay growth: 2.20% Total pay growth: 1.90% Unemployment rate: 7.90%January 2011 Regular pay growth: 2.20% Total pay growth: 2.70% Unemployment rate: 7.90%February 2011 Regular pay growth: 2.10% Total pay growth: 2.60% Unemployment rate: 7.80%March 2011 Regular pay growth: 2.00% Total pay growth: 2.80% Unemployment rate: 7.80%April 2011 Regular pay growth: 2.00% Total pay growth: 2.10% Unemployment rate: 7.70%May 2011 Regular pay growth: 2.00% Total pay growth: 2.40% Unemployment rate: 7.80%June 2011 Regular pay growth: 2.10% Total pay growth: 2.50% Unemployment rate: 7.90%July 2011 Regular pay growth: 2.00% Total pay growth: 2.80% Unemployment rate: 8.00%August 2011 Regular pay growth: 1.70% Total pay growth: 2.70% Unemployment rate: 8.20%September 2011 Regular pay growth: 1.60% Total pay growth: 2.20% Unemployment rate: 8.30%October 2011 Regular pay growth: 1.70% Total pay growth: 1.90% Unemployment rate: 8.40%November 2011 Regular pay growth: 1.80% Total pay growth: 1.90% Unemployment rate: 8.50%December 2011 Regular pay growth: 1.90% Total pay growth: 1.90% Unemployment rate: 8.40%January 2012 Regular pay growth: 1.60% Total pay growth: 1.20% Unemployment rate: 8.30%February 2012 Regular pay growth: 1.50% Total pay growth: 0.80% Unemployment rate: 8.30%March 2012 Regular pay growth: 1.50% Total pay growth: 0.60% Unemployment rate: 8.20%April 2012 Regular pay growth: 1.70% Total pay growth: 1.30% Unemployment rate: 8.20%May 2012 Regular pay growth: 1.70% Total pay growth: 1.50% Unemployment rate: 8.10%June 2012 Regular pay growth: 1.80% Total pay growth: 1.60% Unemployment rate: 8.00%July 2012 Regular pay growth: 1.80% Total pay growth: 1.50% Unemployment rate: 8.00%August 2012 Regular pay growth: 2.00% Total pay growth: 1.70% Unemployment rate: 7.90%September 2012 Regular pay growth: 1.80% Total pay growth: 1.80% Unemployment rate: 7.80%October 2012 Regular pay growth: 1.60% Total pay growth: 1.70% Unemployment rate: 7.80%November 2012 Regular pay growth: 1.40% Total pay growth: 1.50% Unemployment rate: 7.80%December 2012 Regular pay growth: 1.30% Total pay growth: 1.20% Unemployment rate: 7.80%January 2013 Regular pay growth: 1.20% Total pay growth: 1.10% Unemployment rate: 7.80%February 2013 Regular pay growth: 1.00% Total pay growth: 1.00% Unemployment rate: 8.00%March 2013 Regular pay growth: 0.80% Total pay growth: 0.50% Unemployment rate: 7.80%April 2013 Regular pay growth: 0.90% Total pay growth: 1.40% Unemployment rate: 7.80%May 2013 Regular pay growth: 1.00% Total pay growth: 1.60% Unemployment rate: 7.70%June 2013 Regular pay growth: 1.00% Total pay growth: 2.20% Unemployment rate: 7.70%July 2013 Regular pay growth: 0.90% Total pay growth: 1.20% Unemployment rate: 7.70%August 2013 Regular pay growth: 0.80% Total pay growth: 0.80% Unemployment rate: 7.70%September 2013 Regular pay growth: 0.70% Total pay growth: 0.70% Unemployment rate: 7.60%October 2013 Regular pay growth: 0.70% Total pay growth: 0.80% Unemployment rate: 7.40%November 2013 Regular pay growth: 0.70% Total pay growth: 0.80% Unemployment rate: 7.20%December 2013 Regular pay growth: 0.90% Total pay growth: 1.00% Unemployment rate: 7.20%January 2014 Regular pay growth: 1.10% Total pay growth: 1.20% Unemployment rate: 7.10%February 2014 Regular pay growth: 1.30% Total pay growth: 1.70% Unemployment rate: 6.90%March 2014 Regular pay growth: 1.20% Total pay growth: 1.80% Unemployment rate: 6.70%April 2014 Regular pay growth: 0.70% Total pay growth: 0.60% Unemployment rate: 6.60%May 2014 Regular pay growth: 0.60% Total pay growth: 0.00% Unemployment rate: 6.40%June 2014 Regular pay growth: 0.50% Total pay growth: −0.30% Unemployment rate: 6.30%July 2014 Regular pay growth: 0.60% Total pay growth: 0.50% Unemployment rate: 6.10%August 2014 Regular pay growth: 0.80% Total pay growth: 0.60% Unemployment rate: 6.00%September 2014 Regular pay growth: 1.10% Total pay growth: 0.90% Unemployment rate: 6.00%October 2014 Regular pay growth: 1.50% Total pay growth: 1.40% Unemployment rate: 5.90%November 2014 Regular pay growth: 1.70% Total pay growth: 1.70% Unemployment rate: 5.90%December 2014 Regular pay growth: 1.60% Total pay growth: 2.00% Unemployment rate: 5.70%January 2015 Regular pay growth: 1.50% Total pay growth: 1.80% Unemployment rate: 5.60%February 2015 Regular pay growth: 1.80% Total pay growth: 1.70% Unemployment rate: 5.60%March 2015 Regular pay growth: 2.20% Total pay growth: 2.30% Unemployment rate: 5.50%April 2015 Regular pay growth: 2.60% Total pay growth: 2.70% Unemployment rate: 5.50%May 2015 Regular pay growth: 2.70% Total pay growth: 3.10% Unemployment rate: 5.60%June 2015 Regular pay growth: 2.70% Total pay growth: 2.50% Unemployment rate: 5.60%July 2015 Regular pay growth: 2.80% Total pay growth: 2.80% Unemployment rate: 5.50%August 2015 Regular pay growth: 2.70% Total pay growth: 3.00% Unemployment rate: 5.40%September 2015 Regular pay growth: 2.40% Total pay growth: 2.90% Unemployment rate: 5.30%October 2015 Regular pay growth: 2.00% Total pay growth: 2.40% Unemployment rate: 5.20%November 2015 Regular pay growth: 1.90% Total pay growth: 2.00% Unemployment rate: 5.10%December 2015 Regular pay growth: 1.90% Total pay growth: 1.90% Unemployment rate: 5.10%January 2016 Regular pay growth: 2.20% Total pay growth: 2.20% Unemployment rate: 5.10%February 2016 Regular pay growth: 2.20% Total pay growth: 2.00% Unemployment rate: 5.10%March 2016 Regular pay growth: 2.30% Total pay growth: 2.10% Unemployment rate: 5.10%April 2016 Regular pay growth: 2.30% Total pay growth: 2.20% Unemployment rate: 5.00%May 2016 Regular pay growth: 2.20% Total pay growth: 2.40% Unemployment rate: 4.90%June 2016 Regular pay growth: 2.30% Total pay growth: 2.60% Unemployment rate: 4.90%July 2016 Regular pay growth: 2.20% Total pay growth: 2.50% Unemployment rate: 4.90%August 2016 Regular pay growth: 2.30% Total pay growth: 2.40% Unemployment rate: 5.00%September 2016 Regular pay growth: 2.40% Total pay growth: 2.40% Unemployment rate: 4.80%October 2016 Regular pay growth: 2.50% Total pay growth: 2.50% Unemployment rate: 4.80%November 2016 Regular pay growth: 2.60% Total pay growth: 2.70% Unemployment rate: 4.80%December 2016 Regular pay growth: 2.50% Total pay growth: 2.50% Unemployment rate: 4.70%January 2017 Regular pay growth: 2.30% Total pay growth: 2.10% Unemployment rate: 4.70%February 2017 Regular pay growth: 2.00% Total pay growth: 2.10% Unemployment rate: 4.60%March 2017 Regular pay growth: 1.90% Total pay growth: 2.30% Unemployment rate: 4.60%April 2017 Regular pay growth: 1.80% Total pay growth: 2.20% Unemployment rate: 4.50%May 2017 Regular pay growth: 2.00% Total pay growth: 1.90% Unemployment rate: 4.40%June 2017 Regular pay growth: 2.00% Total pay growth: 2.20% Unemployment rate: 4.40%July 2017 Regular pay growth: 2.10% Total pay growth: 2.20% Unemployment rate: 4.30%August 2017 Regular pay growth: 2.10% Total pay growth: 2.40% Unemployment rate: 4.30%September 2017 Regular pay growth: 2.20% Total pay growth: 2.30% Unemployment rate: 4.30%October 2017 Regular pay growth: 2.30% Total pay growth: 2.60% Unemployment rate: 4.20%November 2017 Regular pay growth: 2.30% Total pay growth: 2.50% Unemployment rate: 4.30%December 2017 Regular pay growth: 2.50% Total pay growth: 2.60% Unemployment rate: 4.40%January 2018 Regular pay growth: 2.60% Total pay growth: 2.70% Unemployment rate: 4.30%February 2018 Regular pay growth: 2.80% Total pay growth: 2.90% Unemployment rate: 4.20%March 2018 Regular pay growth: 2.90% Total pay growth: 2.60% Unemployment rate: 4.20%April 2018 Regular pay growth: 2.90% Total pay growth: 2.60% Unemployment rate: 4.20%May 2018 Regular pay growth: 2.80% Total pay growth: 2.50% Unemployment rate: 4.20%June 2018 Regular pay growth: 2.70% Total pay growth: 2.40% Unemployment rate: 4.00%July 2018 Regular pay growth: 2.90% Total pay growth: 2.70% Unemployment rate: 4.00%August 2018 Regular pay growth: 3.10% Total pay growth: 2.90% Unemployment rate: 4.00%September 2018 Regular pay growth: 3.20% Total pay growth: 3.10% Unemployment rate: 4.10%October 2018 Regular pay growth: 3.30% Total pay growth: 3.40% Unemployment rate: 4.10%November 2018 Regular pay growth: 3.30% Total pay growth: 3.40% Unemployment rate: 4.00%December 2018 Regular pay growth: 3.40% Total pay growth: 3.50% Unemployment rate: 4.00%January 2019 Regular pay growth: 3.50% Total pay growth: 3.40% Unemployment rate: 3.90%February 2019 Regular pay growth: 3.40% Total pay growth: 3.60% Unemployment rate: 4.00%March 2019 Regular pay growth: 3.40% Total pay growth: 3.30% Unemployment rate: 3.80%April 2019 Regular pay growth: 3.40% Total pay growth: 3.20% Unemployment rate: 3.80%May 2019 Regular pay growth: 3.60% Total pay growth: 3.30% Unemployment rate: 3.80%June 2019 Regular pay growth: 3.90% Total pay growth: 3.90% Unemployment rate: 3.90%July 2019 Regular pay growth: 3.90% Total pay growth: 4.00% Unemployment rate: 3.90%August 2019 Regular pay growth: 3.80% Total pay growth: 3.80% Unemployment rate: 3.90%September 2019 Regular pay growth: 3.60% Total pay growth: 3.80% Unemployment rate: 3.90%October 2019 Regular pay growth: 3.50% Total pay growth: 3.20% Unemployment rate: 3.80%November 2019 Regular pay growth: 3.30% Total pay growth: 3.20% Unemployment rate: 3.80%December 2019 Regular pay growth: 3.20% Total pay growth: 2.70% Unemployment rate: 3.70%January 2020 Regular pay growth: 3.10% Total pay growth: 3.00% Unemployment rate: 3.90%February 2020 Regular pay growth: 2.90% Total pay growth: 2.80% Unemployment rate: 3.90%March 2020 Regular pay growth: 2.70% Total pay growth: 2.20% Unemployment rate: 4.10%April 2020 Regular pay growth: 1.70% Total pay growth: 0.90% Unemployment rate: 4.10%May 2020 Regular pay growth: 0.70% Total pay growth: −0.40% Unemployment rate: 4.10%June 2020 Regular pay growth: −0.20% Total pay growth: −1.20% Unemployment rate: 4.10%July 2020 Regular pay growth: 0.20% Total pay growth: −0.90% Unemployment rate: 4.40%August 2020 Regular pay growth: 0.90% Total pay growth: 0.20% Unemployment rate: 4.60%September 2020 Regular pay growth: 1.90% Total pay growth: 1.50% Unemployment rate: 5.00%October 2020 Regular pay growth: 2.80% Total pay growth: 2.80% Unemployment rate: 5.20%November 2020 Regular pay growth: 3.50% Total pay growth: 3.70% Unemployment rate: 5.20%December 2020 Regular pay growth: 4.00% Total pay growth: 4.60% Unemployment rate: 5.30%January 2021 Regular pay growth: 4.30% Total pay growth: 4.80% Unemployment rate: 5.20%February 2021 Regular pay growth: 4.40% Total pay growth: 4.50% Unemployment rate: 5.00%March 2021 Regular pay growth: 4.60% Total pay growth: 4.20% Unemployment rate: 4.90%April 2021 Regular pay growth: 5.70% Total pay growth: 5.60% Unemployment rate: 4.80%May 2021 Regular pay growth: 6.60% Total pay growth: 7.40% Unemployment rate: 4.80%June 2021 Regular pay growth: 7.40% Total pay growth: 8.90% Unemployment rate: 4.70%July 2021 Regular pay growth: 6.80% Total pay growth: 8.40% Unemployment rate: 4.60%August 2021 Regular pay growth: 6.00% Total pay growth: 7.20% Unemployment rate: 4.50%September 2021 Regular pay growth: 5.10% Total pay growth: 6.00% Unemployment rate: 4.40%October 2021 Regular pay growth: 4.40% Total pay growth: 5.10% Unemployment rate: 4.30%November 2021 Regular pay growth: 4.00% Total pay growth: 4.40% Unemployment rate: 4.20%December 2021 Regular pay growth: 3.90% Total pay growth: 4.90% Unemployment rate: 4.20%January 2022 Regular pay growth: 4.10% Total pay growth: 5.20% Unemployment rate: 4.10%February 2022 Regular pay growth: 4.30% Total pay growth: 5.90% Unemployment rate: 3.90%March 2022 Regular pay growth: 4.60% Total pay growth: 7.20% Unemployment rate: 3.80%April 2022 Regular pay growth: 4.50% Total pay growth: 7.10% Unemployment rate: 3.80%May 2022 Regular pay growth: 4.70% Total pay growth: 6.50% Unemployment rate: 3.70%June 2022 Regular pay growth: 4.90% Total pay growth: 5.30% Unemployment rate: 3.80%July 2022 Regular pay growth: 5.30% Total pay growth: 5.50% Unemployment rate: 3.60%August 2022 Regular pay growth: 5.50% Total pay growth: 6.10% Unemployment rate: 3.60%September 2022 Regular pay growth: 5.80% Total pay growth: 6.00% Unemployment rate: 3.70%October 2022 Regular pay growth: 6.20% Total pay growth: 6.20% Unemployment rate: 3.80%November 2022 Regular pay growth: 6.60% Total pay growth: 6.60% Unemployment rate: 3.90%December 2022 Regular pay growth: 6.70% Total pay growth: 6.20% Unemployment rate: 3.90%January 2023 Regular pay growth: 6.70% Total pay growth: 6.10% Unemployment rate: 3.90%February 2023 Regular pay growth: 6.70% Total pay growth: 5.90% Unemployment rate: 4.00%March 2023 Regular pay growth: 6.90% Total pay growth: 6.20% Unemployment rate: 4.00%April 2023 Regular pay growth: 7.30% Total pay growth: 6.70% Unemployment rate: 3.90%May 2023 Regular pay growth: 7.50% Total pay growth: 7.20% Unemployment rate: 4.00%June 2023 Regular pay growth: 7.80% Total pay growth: 8.30% Unemployment rate: 4.20%July 2023 Regular pay growth: 7.80% Total pay growth: 8.50% Unemployment rate: 4.40%August 2023 Regular pay growth: 7.90% Total pay growth: 8.20% Unemployment rate: 4.30%September 2023 Regular pay growth: 7.80% Total pay growth: 7.90% Unemployment rate: 4.10%October 2023 Regular pay growth: 7.20% Total pay growth: 7.10% Unemployment rate: 4.00%November 2023 Regular pay growth: 6.60% Total pay growth: 6.60% Unemployment rate: 4.00%December 2023 Regular pay growth: 6.20% Total pay growth: 5.80% Unemployment rate: 3.90%January 2024 Regular pay growth: 6.10% Total pay growth: 5.80% Unemployment rate: 4.10%February 2024 Regular pay growth: 6.00% Total pay growth: 5.70% Unemployment rate: 4.20%March 2024 Regular pay growth: 5.90% Total pay growth: 5.80% Unemployment rate: 4.30%April 2024 Regular pay growth: 5.90% Total pay growth: 5.70% Unemployment rate: 4.40%May 2024 Regular pay growth: 5.80% Total pay growth: 5.70% Unemployment rate: 4.40%June 2024 Regular pay growth: 5.50% Total pay growth: 4.80% Unemployment rate: 4.20%July 2024 Regular pay growth: 5.30% Total pay growth: 4.40% Unemployment rate: 4.20%August 2024 Regular pay growth: 5.20% Total pay growth: 4.10% Unemployment rate: 4.10%September 2024 Regular pay growth: 5.10% Total pay growth: 4.60% Unemployment rate: 4.30%October 2024 Regular pay growth: 5.40% Total pay growth: 5.30% Unemployment rate: 4.20%November 2024 Regular pay growth: 5.60% Total pay growth: 5.50% Unemployment rate: 4.40%December 2024 Regular pay growth: 5.90% Total pay growth: 6.00% Unemployment rate: 4.40%January 2025 Regular pay growth: 5.80% Total pay growth: 5.70% Unemployment rate: 4.40%February 2025 Regular pay growth: 5.90% Total pay growth: 5.70% Unemployment rate: 4.50%March 2025 Regular pay growth: 5.60% Total pay growth: 5.50% Unemployment rate: 4.60%April 2025 Regular pay growth: 5.30% Total pay growth: 5.30% Unemployment rate: 4.60%May 2025 Regular pay growth: 5.00% Total pay growth: 5.00% Unemployment rate: 4.70%June 2025 Regular pay growth: 4.90% Total pay growth: 4.70% Unemployment rate: 4.70%July 2025 Regular pay growth: 4.80% Total pay growth: 4.80% Unemployment rate: 4.70%August 2025 Regular pay growth: 4.70% Total pay growth: 5.00% Unemployment rate: 4.80%September 2025 Regular pay growth: 4.70% Total pay growth: 4.90% Unemployment rate: 5.00%October 2025 Regular pay growth: 4.60% Total pay growth: 4.80% Unemployment rate: 5.10%November 2025 Regular pay growth: 4.40% Total pay growth: 4.60% Unemployment rate: 5.10%December 2025 Regular pay growth: 4.10% Total pay growth: 4.20% Unemployment rate: 5.20%January 2026 Regular pay growth: 3.80% Total pay growth: 4.10% Unemployment rate: 5.20%February 2026 Regular pay growth: 3.60% Total pay growth: 3.90% Unemployment rate: 4.90%March 2026 Regular pay growth: 3.40% Total pay growth: 4.40% Unemployment rate: 5.00%April 2026 Regular pay growth: 3.40% Total pay growth: 4.40% Unemployment rate: 4.90%May 2026 Regular pay growth: 3.40% Total pay growth: 4.40% Unemployment rate: 4.90%June 2026 Regular pay growth: 3.50% Total pay growth: 4.20% Unemployment rate: 4.90%July 2026 Regular pay growth: 3.60% Total pay growth: 3.90% Unemployment rate: 4.90%August 2026 Regular pay growth: 3.70% Total pay growth: 3.70% Unemployment rate: 4.70%

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